(a) As used in this section, “electric utility” means an electric utility that:
(1) Is not a municipally owned utility system;
(2) Is under the jurisdiction of the Arkansas Public Service Commission;
(3) Primarily transmits electricity and does not generate or distribute electricity; and
(4) Has not been directed or designated to construct an electric transmission facility by a regional transmission organization.
(b) If an electric utility acquires land from a private property owner through eminent domain for purposes of a transmission line, then the electric utility shall compensate the private property owner at three (3) times the market value of the property taken by eminent domain.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Subtitle 1 - Public Utilities And Carriers
Chapter 18 - Light, Heat, And Power Utilities
Subchapter 1 - General Provisions
§ 23-18-102. Agreements between rural cooperatives and other electric suppliers permitted
§ 23-18-103. Purchase of electricity from affiliated company — Definitions
§ 23-18-104. Construction of power-generating facilities outside the state
§ 23-18-105. Use of Arkansas-mined coal
§ 23-18-106. Regulation of resource planning, asset acquisition, and alternative retail services
§ 23-18-107. Ratemaking policies for cost of acquisition or construction of incremental resources
§ 23-18-108. Eminent domain for transmission lines — Market value — Definition